Over the next year, the average price target for Lake Resources NL stock among analysts is calculated to be AUD 2.56. These projections are based on the stock forecasts provided by 0 different analysts. The average rating given by analysts to Lake Resources NL is a Speculative Buy. The stock analysis that Stock Target Advisor performed on Lake Resources NL came to the conclusion that it is Slightly Bearish. This conclusion was reached on the basis of 2 positive signals and 4 negative signals. The stock price of Lake Resources NL was AUD 0.84 as of the most recent market close. Over the past week, the price of a share of Lake Resources NL has decreased by 0.68 percent, while over the past month it has increased by 0.67 percent, and over the past year it has increased by 136.62 percent.
Lake Resources NL conducts its exploration for new lithium brine projects and development work in Argentina. Its most significant undertaking is the Kachi lithium brine project, which spans 39 mining licences and encompasses a surface area of approximately 74,000 hectares in the Catamarca province of Argentina. This undertaking is wholly owned by the company. The company was established in 1997 and has its headquarters in Sydney, which is located in Australia.
High market capitalization is something that appeals to us.
This business is one of the largest in its industry and ranks in the top quartile of companies in its category. These kinds of businesses are typically more reliable.
Superior risk adjusted returns
This stock has performed exceptionally well, on a risk-adjusted basis, in comparison to the other companies in its sector (for a hold period of at least a year), and it is in the top quartile.
High levels of volatility do not sit well with us.
Over the past five years, this company’s total returns have been highly volatile and have consistently been above the industry median. Check that you are willing to take on the level of risk that such a stock requires before investing in it.
When compared to its book value, the price is too high.
On the basis of price to book value, the stock is trading at a high level in comparison to the median of its peers.
Cash flow that is negative
The most recent four quarters of the company’s operations resulted in a negative total cash flow.
Slow Increase in Earnings
When compared to other companies in its industry over the past five years, this stock’s earnings growth has been significantly lower than the sector’s median.